Issue Date: 1st June, 2023
Ref: SCO/SOG-0266034569/KZ2023
Validity: 30th Sept, 2023.
To: Prospective Buyers
SOFT CORPORATE OFFER FOB
We ARAB TURKISH BUSINESS FORUM and "SIRI OIL & GAS" under penalty and Perjury hereby confirm the Availability and
Capability to Supply the under listed Products for Immediate Spot and Contract sales. The
Supply is guaranteed to meet the Specifications and pass through the stringent
requirements of SGS or Equivalent. Financial Statement from the Buyer's bank clarifying
buyer's financial capability will be required to consider buyer's negotiations. Only direct
negotiations from End buy buyers will be considered.
TERMS OF NEGOTIATION
Delivery: FOB
Payment Term: TT Wire/ MT103
Performance Bond: 2% PB issued from Seller's Bank to Buyer's Bank after receipt and
confirmation of Buyer's Financial Instrument from Seller's Bank.
Quality & Quantity: SGS or Equivalent for Quantity/Quantity at Loading and Destination
Port
Products Origin: The republic of Kazakhstan
Commission: By Seller through NCNDA/IMFPA
Contract Term: 12 Months Minimum after First Successful Trial Order (with Rolls and
Extensions)
PRODUCTS AND PRICE LIST
1. AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL
Min. Quantity: 1,000,000 Barrel Max.
Quantity: 5,000,000 Barrel Per Month
FOB Price: USD 70 / Bbl. Gross USD 68 / Bbl. Net
Commission: USD1 Buyer side - USD1 Seller side
2. JET FUEL JET A-1
Min. Quantity: 1,000,000 Barrel
Max. Quantity: 5,000,000 Barrel Per Month
FOB Price: USD 70 / Bbl. Gross USD 68 / Bbl. Net
Commission: USD1 Buyer side - USD1 Seller side
3.10PPM DIESEL FUEL EN 590
Min. Quantity: 10,000 Metric Tons
Max. Quantity: 300,000 Metric Tons Per Month
FOB Price: USD 300/MT Gross USD 290/MT Net
Commission: USUSD5 Buyer side - $ 5 Seller side
10. VIRGIN D6 FUEL OIL
Min. Quantity: 25,000,000 Gallons
Max. Quantity: 400,000,000 Gallons per week x 52 weeks
FOB Price: USD 0.78 / Gal Gross USD 0.76 / Gal
Net Commission: USD0.1 Buyer side - USD0.1 Seller side
1. TRANSACTION WORKING PROCEDURE FOR FOB ROTTERDAM PORT
1. BUYER ISSUES ICPO ADDRESSED TO SELLER/REFINERY MANDATE ALONG WITH TSA.
2. SELLER ISSUES COMMERCIAL INVOICE, BUYER SIGNS AND RETURNS BACK TO SELLER
WITHIN THE VALIDITY PERIOD STIPULATED ON THE COMMERCIAL INVOICE.
3. SELLER VERIFIES BUYER TANK FARM AND IF APPROVED, SELLER PROCEED TO REQUEST FOR
INVOICE OF 3 DAYS PAYMENT REMITTANCE, SELLER LEASES THE BUYER TANK FARM FOR 3
DAYS ONLY. SELLER ALSO ISSUES INJECTION SCHEDULE. UPON BUYER TANK FARM RECEIVING
PAYMENT, BUYER REQUEST FOR INVOICE OF 2 DAYS AND ISSUANCE OF TOTAL OF 5 DAYS
TSR AND SELLER PROCEED TO INJECT THE PRODUCT INTO THE LEASED TANK STORAGE.
4. UPON SUCCESSFUL INJECTION, SELLER RELEASES THE FOLLOWING PPOP DOCUMENTS TO
BUYER;
A. PRODUCT CERTIFICATE OF ORIGIN.
B. AUTHORIZATION TO SALE AND COLLECT (ATSC)
C. PRODUCT PASSPORT. D.DIP TEST AUTHORIZATION,
E. INJECTION REPORT AND NCNDA/IMFPA WILL BE SIGNED BY ALL INTERMEDIARIES
INVOLVED IN THE TRANSACTION.
5. UPON BUYER RECEIPT OF THE PPOP, BUYER INSPECTS PRODUCT WITH SGS AGENT OR
EQUIVALENT.
6. AFTER BUYER'S SUCCESSFUL DIP TEST ON THE PRODUCT, BUYER MAKES THE PAYMENT FOR
THE TOTAL VALUE OF THE PRODUCT VIA MT103- TT.
2. SPOT FOB PROCEDURE PROGRAM.
1. Buyer sends ICPO to Seller on receipt of Seller's Soft offer, Seller issues Draft contract
Commercial Invoice CI, for the available quantity in the storage tank to Buyer.
2. Buyer Signs and returns to Seller with Scan passport copy/ NCNDA/IMFPA signed by all
buyer groups with commission structures.
3. Seller Issues the Following PPOP documents send to the Buyer’s secured email for
authentication.
(A) Product injection report
(B) Product Commitment letter to supply
(C) Dip Test Passport Product Analysis
(D) Valid Tank storage receipt TSR with GPS
4. Buyer receive/verify POP and immediately extend seller Tank for minimum 5-Days, Seller
release DTA and SGS Report.
5. Buyer Dip Test in our tanks" If quality and quantity is of buyer standard, buyer
immediately make 100% payment of total product Via MT103 TT wire transfer and confirm
Ownership Certificate, Tank to Tank Transfer commence
6. Seller pays commission to all intermediaries involved in the transaction 24 hours after
confirmation of buyer payment.
3. FOB – ROTTERDAM/HOUSTON DELIVERY PROCEDURES
1. Buyer Issue ICPO.
2. Seller Issue C.I. Buyer Sign C.I. and Return Back to Seller.
3. Seller Issue the below listed Proof of product Document to Buyer;
-Tank Receipt.
-Certificate of Origin.
-Product Passport (Quality & Quantity Analysis).
-DTA (Dip Test Authorization Letter).
4. Buyer Secure its Tank Time to Perform Dip Test on the product on Seller Tanks or Buyer
Provide to Seller Buyer Tank Farm Contact Details & Tanks Coordinate with Authorization to
Inject (ATI) from Buyer Tank Operator for Seller to Inject the product into Buyer Tank and
Buyer Perform the Dip Test in its Tanks.
5. Upon Successful Dip Test on the Product in Seller Tanks or in Buyer Tanks, Buyer makes
payment via MT103-T/T for the Total Value of the product and simultaneously the Title to
the product is pass on to the Buyer with all Exportation Documentation of the Product.
6. Seller Pays All Commission to Intermediaries Involve in the Transaction.
7. Buyer and Seller Sign and Execute the Subsequent Monthly Contract Shipment Delivery
and the Monthly Shipment Deliveries Continues as agreed in schedule for Delivery and
buyer makes payment for every shipment deliver to Buyer Reception Facility at Destination
Port via MT103-T/T after Buyer Confirmation of Quality & Quantity of Each Monthly
Shipment.
4. TRANSACTION PROCEDURE FOR TANK TO VESSEL, FOB ROTTERDAM
1. Buyer issues and sends an Irrevocable Corporate Purchase Order (ICPO) with seller's
transaction procedure along with Passport Copy of the company representative/s.
2. Seller issues Commercial Invoice (C.I) and NCNDA / IMFPA for all.
3. Buyer signs and returns C.I to seller with NCNDA / IMFPA signed by all buyer groups with
commission
structures to issue the deal through Tank to Vessel.
4. Seller issues (i) the Product Passport (ii) Certificate of Origin (iii) Refinery Commitment
Letter to Supply (iv) Authorization to Sell / Collect (ATSC) (v) Unconditional Dip Test
Authorization.
5. buyer contact seller's logistics company to make payment for logistics fee. Upon the
confirmation of the injection fee by the Logistics Company, Seller issues the following hard
copy POP documents to buyer representatives in person at buyer’s storage facility:
a. Quantity and Quality Certificate (SGS) 48hrs fresh
b. Tank Storage Receipt (TSR).
c. Injection Report.
d. Product Passport (Dip Test Result).
e. Statement of Product Availability.
f. Authorization Letter to Verify the Product with the Tank Farm.
g. Company Registration Certificate.
6. Upon successful verification of documents by buyer’s team, the buyer may opt to utilize
their unconditional DTA for their own independent dip test in the seller’s tank should the
buyer need more confirmation of product. Buyer provides vessel details (Q88).
7. Seller begins injection of complete product into buyer’s vessel. The Seller issues Logistics
Payment invoice
for the Buyer to pay for the injection fee from the Seller's tank into Buyer's vessel.
8. Buyer makes 100% payment by MT103 or TT wire transfer for the total product.
9. Seller transfers Title of Ownership to the Buyer and pay all intermediaries according to
the signed
NCNDA / IMFPA for monthly deliveries as buyer lifts the product.
Commission:
Seller side closed
Buyer side 15% Mr. MURAD MAZAHIR RESOURCE LINK INTERNATIONAL closed
Buyer side 15% Mr. Edward Zator WTIG Int. Consulting Germany closed
Buyer side 70% open
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